Senior Auditor - Commercial Credit

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

This job is responsible for performing test work during moderately complex audit activities for Commercial Credit risk. Key responsibilities include designing and executing audit tests to evaluate the control environment and assessing issues for business impact and recommending severity ratings under the supervision of senior team members.

Responsibilities:

• Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit program, and leverages automation and innovative methods in a timely and high quality manner
• Identifies control deficiencies, discusses with line management, and initiates control matter recommendations
• Establishes business partner relationships, primarily with line management, to develop business knowledge
• Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings
• Exercises sound judgment to effectively influence management to improve the control environment while developing knowledge of product, business, and technical expertise
• Develops skills to use innovative tools to complete audit activities more efficiently (e.g., testing)

Skills:

• Analytical Thinking
• Internal Audit Review
• Issue Management
• Risk Management
• Business Acumen
• Project Management
• Relationship Building
• Written Communications
• Attention to Detail
• Data Analytics
• Critical Thinking
• Technical Documentation

Required Qualifications:

• 3+ years of Audit, Risk, Business Control, Compliance, Finance or other relevant experience
• Bachelor's Degree OR Equivalent work experience
• Ability to execute audit test plans within a risk based audit methodology       
• Sound organizational, analytical, oral and written communication skills 
• Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility
• Ability to work in a very detailed manner
• Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)
• Proficiency in Microsoft Office Products

Desired Qualifications:

• Credit underwriting experience
• Data Analytics, data reporting, or data management experience 
• Bachelor’s Degree or equivalent work experience

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - CT - Stamford - 600 Washington Blvd (CT2561), US - RI - Providence - 1 Financial Plaza (RI1537)

Pay and benefits information

Pay range

$83,500.00 - $102,400.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.